Jiangsu

Province of China

Follow Jiangsu on Notably News to receive short updates to your email — rarely!

January 2025 United States Supreme Court rejected Binance's attempt to avoid a lawsuit filed by investors, who accused the company of illegally selling unregistered tokens and failing to adequately inform users of associated risks.
November 2024 FTX filed a lawsuit against Changpeng Zhao, Binance Holdings Ltd., and other executives, seeking to recover nearly $1.8 billion, related to a July 2021 stock repurchase transaction.
September 27 2024 Changpeng Zhao was released from Bureau of Prisons custody after serving time related to his guilty plea.
April 2024 Zhao was sentenced to four months in prison for his role in the money laundering charge.
2023 Speculations arose that Changpeng Zhao could be Satoshi Nakamoto, the creator of Bitcoin.
2023 Changpeng Zhao agreed to resign from Binance and pay a $50 million fine as part of a guilty plea to U.S. federal charges, with Binance agreeing to plead guilty and pay $4.3 billion in fines.
November 2023 Changpeng Zhao resigned as the CEO of Binance after pleading guilty to a money laundering charge in the United States.
June 2023 The U.S. Securities and Exchange Commission (SEC) sued Changpeng Zhao and Binance on 13 charges for alleged violations of US securities rules.
March 27 2023 The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Changpeng Zhao and Binance, alleging willful evasion of US law and breaching derivatives rules.
2022 Zhao mentioned plans to donate up to 99% of his wealth in alignment with philanthropic efforts of other global business magnates.
2022 Zhao invested $500 million through Binance to finance Elon Musk's acquisition of Twitter.
2022 Zhao confirms he acquired Canadian citizenship around 30 years prior.
December 5 2022 Following the death of Jiang Zemin, Hu Jintao appeared in public with Xi Jinping at the farewell ceremony before Jiang's body was cremated at Babaoshan Revolutionary Cemetery.
October 22 2022 During the closing ceremony of the 20th CCP National Congress, Hu was pulled from his seat and escorted out of the hall, an incident that sparked speculation regarding his health and political implications.
May 2022 Terra ecosystem collapsed, resulting in billions of dollars in investor losses, with Binance accused of promoting LUNA and UST tokens despite warning signs of instability.
2021 Binance withdrew its application to run a Singapore-based crypto exchange.
2021 Zhao expressed his political views in Singapore, stating he is not a complete libertarian or anarchist.
July 2021 Hu Jintao attended the 100th anniversary of the Chinese Communist Party.
April 6 2021 Changpeng Zhao stated in an interview with Bloomberg Markets that nearly 100% of his liquid net worth was in the form of cryptocurrency.
2019 Zhao launched Binance's U.S. affiliate, Binance.US.
October 2019 He participated in the 70th anniversary celebration of the People's Republic of China.
April 2019 Binance launched Binance Smart Chain, which introduced smart contract functionality and positioned itself as a competitor to Ethereum.
2018 Binance Labs invested $3 million in Terra, a blockchain-based payment platform, with an additional $1 million contribution in BNB tokens.
February 2018 Forbes placed Zhao third on their list of 'The Richest People In Cryptocurrency', estimating his net worth between $1.1-2 billion.
2017 Zhao stayed in China until the Chinese government banned crypto exchanges.
2017 Zhao grew Binance into the world's largest cryptocurrency exchange by trading volume within eight months of its launch.
2017 Zhao launched Binance Coin, a utility token offering various benefits such as discounts on trading fees.
2017 Zhao leaves China after the government bans crypto exchanges.
October 2017 Hu attended the 19th CCP National Congress.
July 2017 Zhao launched the Binance cryptocurrency exchange, which raised $15 million in an initial coin offering and started trading eleven days later.
2015 Zhao sold his Shanghai apartment and used the funds to purchase Bitcoin.
2014 Zhao meets his business partner and fellow Binance co-founder He Yi, with whom he begins a 'life partner' relationship.
April 2014 He made a public appearance in Hunan, where he visited Hunan University and other historical sites.
2013 Zhao first heard of Bitcoin while playing poker with Bobby Lee, who advised him to invest in Bitcoin. Zhao decided to sell his apartment and invested all his wealth into Bitcoin.
2013 Zhao was part of the team that developed Blockchain.info and served as Chief Technology Officer of OKCoin.
September 2013 Hu Jintao visited an ancestral family home in Huangshan, Anhui, marking one of his rare public appearances after retirement, though the trip was not covered by state media.
March 2013 Hu Jintao officially transitioned the presidency to Xi Jinping on 14 March 2013.
2012 During the 18th Party Congress in 2012, Hu emphasized the potentially devastating effects of unchecked corruption in his departing speech.
November 15 2012 Hu Jintao was succeeded by Xi Jinping as general secretary of the Communist Party of China and chairman of the Central Military Commission following the 18th CCP National Congress.
2010 Hu Jintao sponsored the 2010 Shanghai Expo, further enhancing China's international visibility and cultural exchange.
2010 Trade relations with Taiwan continued to flourish during Hu's tenure, culminating in the signing of the Economic Cooperation Framework Agreement (ECFA).
2010 In 2010, Reporters Without Borders included Hu Jintao on their list of press freedom predators.
2010 Hu Jintao was named the World's Most Powerful Person by Forbes Magazine in 2010.
2010 By 2010, China's Gini coefficient climbed to 0.47, indicating a growing wealth gap, an issue that Hu's administration was criticized for not effectively addressing.
2010 The promotion of Hu's 'Eight Honors and Eight Shames' continued towards the Expo 2010 in Shanghai, reflecting its embeddedness in Chinese society.
August 31 2010 Hu Jintao was recognized as a Member 1st Class of the Order of Prince Yaroslav the Wise by Ukraine.

This contents of the box above is based on material from the Wikipedia articles Changpeng Zhao & Hu Jintao, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also